20 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

Tata Motors: Singapore-based TML Holdings Pte Ltd, a subsidiary of Tata Motors Ltd. has raised a US$600 million loan from six banks. The company held road shows in Taipei on 19th October and in Singapore on 20th October.

Coal India Ltd: CIL is reportedly planning to put in place an Information Technology (IT) mechanism to monitor execution of mining projects that cost over Rs. 150 crore.  According to a CIL official, a tender document has been drafted by the company to set up an IT-enabled system to monitor and evaluate projects.

Wipro: The IT Company reported consolidated net profit of Rs. 2235.40 crore for the quarter, registering growth of 2.18% qoq and 7.22% yoy. Company’s revenue stood at Rs. 12566.80 crore, registering growth of 1.58% qoq and 6.35% yoy.

Cadila Healthcare: The pharma company reported 40.5 per cent rise in its net profit at Rs.3,909.10 million for the year ended September 30, 2015 as compared to Rs.2,780.90 million for the same quarter in the previous year.

JSW Steel: The company reported consolidated net profit of Rs. 116.95 crore for the quarter, registering decline of 84.38% yoy. However, the company reported net loss of Rs. 106.81 crore for the previous quarter. Company’s consolidated revenue stood at Rs.10906.90 crore, registering decline of 21.50% yoy and 5.78% qoq.

Sun Pharmaceuticals Industries Limited has announced that Sun Pharmaceutical Industries Ltd, along with its subsidiary ( Sun Pharma) has entered into a settlement agreement with Acorda Therapeutics, Inc. to resolve the pending patent litigation involving Ampyra (dalfampridine) Extended-Release Tablets in the US.

Strides Arcolab Limited: The pharma company has announced that it has strengthened India branded business through: (a) Acquisition of Seven brands from Johnson & Johnson and (b) Acquisition of majority stake in domestic branded business of Medispan.

Hero MotoCorp: Hero MotoCorp, Honda Motorcycle & Scooter India (HMSI), and several other auto ancillary companies are reportedly in talks with their respective labour unions for wage revision agreements in the Gurgaon-Manesar manufacturing belt.

Cairn India: The company reported consolidated net profit of Rs. 672.67 crore for the quarter, registering decline of 70.46% yoy and 19.43% qoq. Company’s revenue stood at Rs. 2242.14 crore, witnessed decline of 43.69% yoy and 14.65% qoq.


Reliance Communications: The company is planning to roll out a 3G ICR-like roaming agreement to continue 2G service in Bihar, West Bengal and Assam.

Maruti Suzuki: Maruti Suzuki’s royalty payments to its Japanese parent Suzuki are “extortive” and the amount paid has increased more than six times per car over the past 15 years, according to proxy advisory firm IiAS.

Bajaj Auto: The company has posted a net profit of Rs. 930 crore for the quarter ended September 30, 2015 as compared to Rs. 591 crore for the quarter ended September 30, 2014. Total Income has increased from Rs. 60767.00 million for the quarter ended September 30, 2014 to Rs. 62504.20 million for the quarter ended September 30, 2015.


KPIT Technologies Ltd: The company has posted a net profit after taxes, Minority Interest & Share of Profit of Associates of Rs. 750.877 million for the quarter ended September 30, 2015 as compared to Rs. 705.521 mn for the quarter ended September 30, 2014.

Idea Cellular Ltd : The IT Company has posted a net profit after tax of Rs. 8,092.60 million for the quarter ended September 30, 2015 as compared to Rs. 7558.80 million for the quarter ended September 30, 2014.

HDFC Bank Ltd: The bank reported 20.5%  rise in its net profit at Rs. 28,694.50 million for the quarter ended September 30, 2015 as compared to Rs. 23,814.60 million for the same quarter in the previous year.

Blue Dart Express : The net profit rose 74.46% to Rs 53.75 crore in the quarter ended September 2015 as against Rs 30.81 crore during the previous quarter ended September 2014. Sales rose 12.00% to Rs 651.44 crore in the quarter ended September 2015 as against Rs 581.66 crore during the previous quarter ended September 2014.

HCL Infosystems: The company reported to Rs 49.24 crore in the quarter ended September 2015 as against net loss of Rs 45.26 crore during the previous quarter ended September 2014. Sales declined 91.26% to Rs 147.06 crore in the quarter ended September 2015 as against Rs 1682.68 crore during the previous quarter ended September 2014.

Tata Coffee Ltd: The company reported its Q2 net profit at Rs. 27.5 crore for the quarter ended September 30, 2015 as compared to Rs. 32.4 crore for the same quarter in the previous year.

Aditya Birla Chemicals (India) Ltd:The company has  approved the firm's proposal to raise up to Rs 1,200 crore through private placement. 


Shriram Transport Finance Ltd: Shriram Transport Finance Company announced that Reserve Bank of India (RBI) has removed from the ban list - FIIs/RFPls the name of the Company. Hence the restrictions placed on the purchase of shares of the Shriram Transport Finance Company by FIIs/RFPIs vide RBI letter dated 20 October 2015 are withdrawn with immediate effect.